Yes, that is a very close match in color. To me, though, and I'm not an expert, he also matches very closely the lines and patterns of Pyrausta generosa, Hodges 5056, especially Mark Dreiling's photo on MPG. He almost looks like a "negative" of this one, with some of the colors "reversed," so to speak. Also, the "M" is also there, but looks more jagged and not smooth like on the one I photographed.

There are numerous and definitive differences between your moth and P. generosa.
1. in your's and P. phoenicealis, the AM line is sharp while it is diffuse in P. generosa.
2. Body is dark in P. generosa while it is orange in your's and P. phoenicealis.
3. In your's and P. phoenicealis, the PM orange band extends to the inner margin of the forewing. Not so in P. generosa.
4. In P. generosa, the PM orange rectangle extends to the costa. Not so in your's and P. phoenicealis.
I'm not saying this is P. phoenicealis for certain but it is for certain not P. generosa. Perhaps an expert can weigh in.